Explain in one sentence why the government debt as a % of the GDP is more...
Explain in one sentence why the government debt as a % of the GDP is more than 100% in 2017 using OECD data and less than 30% using the data of the Department of Finance, Canada.
Homework Answers
This is because definition of debt used is different for both datasets and while the OECD data takes into account real GDP for calculation, the DOF,Canada takes into account nominal GDP.
This accounts for all the difference.
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Explain in one sentence why the government debt
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